1.The of triangular arbitrage ensures that:

Select one:

a.quoted exchange rates are similar across banks at different locations

b.cross exchange rates are properly set

c.forward exchange rates are properly set

d.None of these

e.The foreign currency will appreciate or depreciate against the home currency

2.A formal agreement between two counterparties to exchange a series of different currency-denominated interest payments for an agreed period of time, and at maturity, the principal amounts in different currencies are exchanged at a pre-agreed rate.

Select one:

a.Currency swaps

b.

Interest rate swaps

c.

Plain vanilla interest rate swaps

d.

None of these